Blue Bus Project Inc

Nonprofit profile at a glance

EIN
842485384
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025, Form 990-N 2021
Location
Long Island City, NY, USA
Phone
9174069701
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Arts Education

Official website

Reported finances

Revenue
$44,781
Expenses
$53,651
Assets
$18,293
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Joe Monteleone (President)
  • Annalisa Iadicicco (Executive Director)

People named in this filing

  • Joe Monteleone (President)
  • Carolina Penafiel (Secretary)
  • Emilia Muresanu (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bringing participatory art to multiple neighborhoods with a focus on underserved communities

What it reported doing in 2025

Creative Reuse Workshops in multiple NYC parks and neighborhoods where participants use a variety of recycled material and everyday objects to create artwork.

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 2
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 1.6%; rating input score 2
  • Program expense ratio: 1.3%; rating input score 1

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -19.8%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 55.9%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -24.8% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: -12.7% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 1.6% of revenue deployed · 1.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $715 in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 2/100.
  • High — Financial Efficiency: Program expense ratio scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.